As we move into the Summer Market, as expected we have begun to see the next phase of growth and market recovery. For the fourth month in a row, over 200 properties were sold in our community during the month proving that there are plenty of opportunities for both Buyers and Sellers alike. The average sale price is up around 6% compared to 2022 however, it’s also worth noting that compared to pre pandemic numbers, we’re still seeing a 77% increase.
In our local communities, we saw prices rise in Tay and Tiny whilst the needle didn’t move in Midland. We are still seeing more than 10% increases in Active Listings which is helping the prices continue to even out after the highs of the market in the spring/summer of 2022. There’s lots of opportunities for everyone so give us a call today!
Trust your local experts to guide you through the process and take advantage of the current market. Ask us about our FREE Home Market Analysis to determine exactly how much your Home is worth in today’s Market.
All data correct as of July 8th, 2023, data gathered by the Ontario Collective based on June 2022 vs June 2023.
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